Why Nostr? What is Njump?
2023-06-07 17:48:43
in reply to

Gavin Andresen [ARCHIVE] on Nostr: πŸ“… Original date posted:2016-02-07 πŸ“ Original message:On Sat, Feb 6, 2016 at ...

πŸ“… Original date posted:2016-02-07
πŸ“ Original message:On Sat, Feb 6, 2016 at 3:46 PM, Luke Dashjr via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> On Saturday, February 06, 2016 5:25:21 PM Tom Zander via bitcoin-dev wrote:
> > On Saturday, February 06, 2016 06:09:21 PM Jorge TimΓ³n via bitcoin-dev
> wrote:
> > > None of the reasons you list say anything about the fact that "being
> > > lost" (kicked out of the network) is a problem for those node's users.
> >
> > That's because its not.
> >
> > If you have a node that is "old" your node will stop getting new blocks.
> > The node will essentially just say "x-hours behind" with "x" getting
> larger
> > every hour. Funds don't get confirmed. etc.
>
> Until someone decides to attack you. Then you'll get 6, 10, maybe more
> blocks
> confirming a large 10000 BTC payment. If you're just a normal end user (or
> perhaps an automated system), you'll figure that payment is good and
> irreversibly hand over the title to the house.
>

There will be approximately zero percentage of hash power left on the
weaker branch of the fork, based on past soft-fork adoption by miners (they
upgrade VERY quickly from 75% to over 95%).

So it will take a week to get 6 confirmations.

If you are a full node, you are warned that your software is obsolete and
you must upgrade.

If you are a lightweight node, it SHOULD tell you something is wrong, but
even if it doesn't, given that people running lightweight nodes run them so
they don't have to be connected to the network 24/7, it is very likely
during that week you disconnect and reconnect to the network several times.
And every time you do that you increase your chances that you will connect
to full nodes on the majority branch of the chain, where you will be told
about the double-spend.

All of that is assuming that there is no OTHER mitigation done. DNS seeds
should avoid reporting nodes that look like they are in the middle of
initial block download (that are at a block height significantly behind the
rest of the network), for example.

--
--
Gavin Andresen
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